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A large-scale protectionist package by the US could hurt Latin American economies via lower exports, foreign direct investment and remittances. Our base case is that such a package will not come given the short term adverse impact on the US economy.

As of January 20, Donald J. Trump is President of the United States. In this Special we sketch the changes in economic policy that we should expect in the coming years, in particular in the areas of fiscal stimulus, trade policy, and energy policy. We also look at effects on US public debt sustainability, and market implications.